Free Trade Deal with China Textile Industry of Peru not Hurt
Amid growing concern that a free trade pact between Peru and China could adversely affect the Andean country's textile manufacturers, the Ministry of Foreign Trade has announced that tariffs for these products not be reduced.
The tariffs are maintained at 17 percent for clothing, textiles, shoes and metal work products of China, ie, sensitive to the industries of Peru announced Deputy Minister of Foreign Trade, Eduardo Ferreyros (right).
"We have prioritized the protection of these sensitive products, which means that textiles, footwear, metal goods and clothing are excluded from the trade agreement, said Ferreyros, asserting that the rights to these products always remain at 17 percent.
In other statements, the head of the Ministry of Foreign Trade of the Andean country, Minister Araoz, said China had never signed a free trade agreement as a wide with any other country, as he was about to sign with Peru.
"Clearly we've accomplished more than many other countries, especially on the defensive side, we have achieved in China exclude 10 percent of tariff lines, "said Araoz.
"Chile got only 5 percent.
Amid growing concern that free trade pact between Peru and China could adversely affect manufacturers textiles from the Andean country, the Ministry of Foreign Trade has announced that tariffs for these products not be reduced.
Tariffs will remain at 17 percent for clothing, textiles, footwear and metal products from China, ie, sensitive to the industries of Peru, said the Deputy Minister of Foreign Trade, Eduardo Ferreyros (right).
"We have given priority to the protection of these sensitive products, which means that textiles, footwear, metal goods and clothing are excluded from the trade agreement, said Ferreyros, claiming rights to these products always remain at 17 percent.
In other statements, the head of Ministry of Foreign Trade of the Andean country, Minister Araoz, said China had never signed a comprehensive FTA with any country, since was about to sign with Peru.
"Clearly we've accomplished more than many other countries, especially on the defensive side, where we have achieved China to exclude 10 percent of tariff lines, "said Araoz.
"Chile got only 5 per cent."
For more information, please www.cantonfootwear.org visit
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